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Cost Report ·
CCN 230295
· FY
2003
PIPP HEALTH CENTER
PLAINWELL, MI 48080-1222 · Fiscal year ending
2003-06-30
1
43
beds
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$6.3M
TOTAL REVENUES
$640K
NET INCOME
10.2%
OPERATING MARGIN
26
DISCHARGES
01 — FINANCIAL
Financial summary
Total revenues
$6.3M
Total costs
$5.7M
Net income
$640K
Operating margin
10.2%
Total charges
$12.2M
Medicare charges
—
Medicaid charges
—
Charity care charges
—
Uncompensated care
—
Bad debt
$55K
Total assets
$13.5M
Total liabilities
$343K
Fund balance
$13.1M
02 — UTILIZATION
Utilization
Total beds
43
Bed days available
24
Total inpatient days
1,290
Medicare inpatient days
32
Medicaid inpatient days
67
Total outpatient visits
34
Total discharges
26
Total FTEs
—
Inpatient residents
—
Outpatient residents
—
04 — PEER BENCHMARK
Peer cohort — MI
177 hospitals filing FY2003
Median operating margin
2.0%
25th percentile margin
-1.7%
75th percentile margin
6.1%
Median discharges
983
Median net income
$493K
Median bed count
75
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